5 days in 2025 - bull market established?
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The first days of the new year should have created a โบ๏ธ on every crypto bull's face.
The broad market saw gains during the first days. The weekend is characterised by low volume and only minor price changes for most coins. But this is a really good thing after Wednesday till Friday generated higher prices three days in a row. The momentum is bullish, also this weekend, if we examine binanceโ Price Change Distribution (again, like in my last two posts).
The majority of trading pairs is in the -3% to +3% range. Pretty levelled between gainers and losers. There are just four trading pairs with losses bigger than 5%. But 80 trading pairs with gains greater than 5% (among those are 25 pairs with gains greater than 10%). So we have some good gainers, and hardly any losers.